Exhibit 12.1

Calculation of Ratio of Earnings to Fixed Charges



|                                                 |  |              |         |   |                                 |   |        |                               |  |   |        |   |  |      |        |   |      |   |        |   |  |   |        |  
|------------------------------------------------ |  | ------------ | ------- | - | ------------------------------- | - | ------ | ----------------------------- |  | - | ------ | - |  | ---- | ------ | - | ---- | - | ------ | - |  | - | ------ | -
|                                                 |  | December 31, |         |   | August 14, 2004 to December 31, |   |        | January 1, 2004 to August 13, | 
|(dollars in millions)                            |  | 2008         |         |   | 2007                            |   |        | 2006                          |  |   | 2005   |   |  | 2004 |        |   | 2004 |  
|Earnings                                         |  |              |         |   |                                 |   |        |                               |  |   |        |   |  |      |        |   |      |   |        |   |  |   |        |  
|Income (loss) before provision for income taxes  |  | $            | 269,243 |   |                                 | $ | 17,400 |                               |  | $ | (3,497 | ) |  | $    | 8,494  |   |      | $ | (4,481 | ) |  | $ | 24,262 |  
|Plus: fixed charges (1)                          |  |              | 30,669  |   |                                 |   | 33,158 |                               |  |   | 38,831 |   |  |      | 36,292 |   |      |   | 11,689 |   |  |   | 3,879  |  
|                                                 |  |              |         |   |                                 |   |        |                               |  |   |        |   |  |      |        |   |      |   |        |   |  |   |        |  
|                                                 |  | $            | 299,912 |   |                                 | $ | 50,558 |                               |  | $ | 35,334 |   |  | $    | 44,786 |   |      | $ | 7,208  |   |  | $ | 28,141 |  
|                                                 |  |              |         |   |                                 |   |        |                               |  |   |        |   |  |      |        |   |      |   |        |   |  |   |        |  
|                                                 |  |              |         |   |                                 |  
|Fixed Charges:                                   |  |              |         |   |                                 |   |        |                               |  |   |        |   |  |      |        |   |      |   |        |   |  |   |        |  
|Gross interest expense                           |  |              | 28,931  |   |                                 |   | 31,679 |                               |  |   | 37,319 |   |  |      | 34,517 |   |      |   | 11,224 |   |  |   | 3,098  |  
|Estimate of the interest within operating leases |  |              | 1,738   |   |                                 |   | 1,479  |                               |  |   | 1,512  |   |  |      | 1,775  |   |      |   | 465    |   |  |   | 781    |  
|                                                 |  |              |         |   |                                 |   |        |                               |  |   |        |   |  |      |        |   |      |   |        |   |  |   |        |  
|                                                 |  | $            | 30,669  |   |                                 | $ | 33,158 |                               |  | $ | 38,831 |   |  | $    | 36,292 |   |      | $ | 11,689 |   |  | $ | 3,879  |  
|                                                 |  |              |         |   |                                 |   |        |                               |  |   |        |   |  |      |        |   |      |   |        |   |  |   |        |  
|                                                 |  |              |         |   |                                 |  
|Ratio of earnings to fixed charges               |  |              | 9.8     | x |                                 |   | 1.5    | x                             |  |   | *      |   |  |      | 1.2    | x |      |   | *      |   |  |   | 7.3    | x
|                                                 |  |              |         |   |                                 |   |        |                               |  |   |        |   |  |      |        |   |      |   |        |   |  |   |        |  



|(1) | For purposes of calculating the ratio of earnings to fixed charges, earnings represent income before income taxes plus fixed charges. Fixed charges consist of interest expense and
one-third of operating rental expenses which management believes is representative of the interest component of rent expense.
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|* | Due to the losses for 2006 and the period August 14, 2004 through December 31, 2004 the coverage ratio was less than 1:1. Innophos must generate additional earnings of
$3,497 for 2006 and $4,481 for the period August 14, 2004 through December 31, 2004 respectively, to achieve a ratio of 1:1 for those periods.
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